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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (103133)	2/4/2009 6:50:14 PM
From: Sam	Read Replies (1) \| Respond to of 544095

It tells us that something was working. You may wish to argue whether that "something" was FDR's policies or just a matter of the business cycle asserting itself after a prolonged downturn, but it is misleading to say, as McCardle did, that the economy wasn't doing anything throughout the 30s, or that, as others say, that it was only WWII that pulled the US out of the depression. The trajectory was up until FDR was prematurely convinced to raise taxes.

To: TimF who wrote (103133)	2/4/2009 6:56:41 PM
From: Paul Kern	Read Replies (1) \| Respond to of 544095

If you start from the low point after the initial drop its not surprising that you see growth from that point, but it doesn't tell us much. What part of growth is it that you don't like -- more employment or a rising standard of living? Perhaps the sight of soup lines and homeless families makes your heart feel good. Are you looking forward to beggars in your neighborhood? The growth was there until the conservatives convinced the Fed to reduce the money supply because they feared inflation during a depression.